Series of 1923 $5 Silver Certificate

The 1923 five dollar bill silver certificate has a portrait of Abraham Lincoln. 1923 also happens to be the last year that large size silver certificates were issued. Collectors call 1923 $5 silver certificates portholes. The nickname derives from the way Lincoln appears at the center of the bill. It looks like he is behind the glass of a ship’s porthole. Despite being relatively new, 1923 $5 silver certificates are actually rather rare. Circulated examples sell for about $500. Uncirculated examples are worth a lot more. We have a full guide to grade and value 1923 $5 bills.